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    On June 27, 2023, the China Foreign Exchange Trading Center was authorized to announce the central parity of the RMB exchange rate

    The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on June 27, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.2098 yuan to 1 US dollar, 7.8773 yuan to 1 euro, 5.0357 yuan to 100 yen, 0.92048 yuan to 1 Hong Kong dollar, 9.1788 yuan to 1 pound, 4.8199 yuan to 1 Australian dollar, 4.4495 yuan to 1 New Zealand dollar, 5.3353 yuan to 1 Singapore dollar, 8.0610 yuan to 1 Swiss franc, 5.4912 yuan to 1 Canadian dollar, 0.64717 ringgit to 1 yuan to 11.6772 Russian ruble, 2.5840 South African rand to 1 yuan to 180.72 Korean won, 0.50865 UAE dirham to 1 yuan to 0.51947 Saudi riyal, 46.8553 Hungarian forint to 1 yuan RMB 1 to 0.56353 Polish zloty, RMB 1 to 0.9753 Danish kroner, RMB 1 to 1.4856 Swedish kroner, RMB 1 to 1.4869 Norwegian kroner, RMB 1 to 3.60780 Turkish lira, RMB 1 to 2.3722 Mexican peso, RMB 1 to 4.8756 Thai baht.

    China Foreign Exchange Trading Center

    June 27, 2023

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    Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.